Micro VC AJVC bags Rs 100-crore corpus for early-stage bets

AJVC, an early-stage venture capital firm founded by Aviral Bhatnagar, who formerly led enterprise software and artificial intelligence (AI) investments for Venture Highway (now merged with General Catalyst), has raised its planned corpus of Rs 100 crore, and is planning to exercise a greenshoe option to raise another Rs 50 crore.

ET had exclusively reported about the fund’s launch in August 2024. AJVC was set up at a time when a slew of micro venture capital firms, or smaller sector-focused funds, have been launching in India to back early-stage…